The hiring of a CEO or Executive for a startup is always a challenging job. Working in a dynamic, established company is not as exact as doing the job in a startup. While hiring an executive for your startup, you must be conscious and wise to get the best option. This blog will discuss what qualities an executive should possess to hire as CEO.
Hire Professionals with Experience in both Small and Big Firms:
There are boards and companies in the market that provide the best executives and a whole team. Hiring a CEO with a group helps the company maintain a friendly environment. But always have a look at the experience of the executive you are hiring. Some professionals have experience trading and managing billions, while others have worked only for small companies. An executive who started small and reached the highest level is the best option for your company. However, whatever experience a CEO has, he comes with pros and cons. Some of the advantages of different kinds of CEOs are the following.
Familiarity with Staff: Hiring from a big company ensures the intimacy of your potential CEO with the processes and systems big companies follow. He would know how different systems work in a company, and that experience will help your company to multiply.
The other advantage of hiring an executive from a big company is that they would have an understanding of fixing the issues related to finances, communication, organizational structure, and everything else. They will also have connections to pull in significant investments in your company.
A connection of your potential CEO candidate with prominent and influential groups in the industry is one of the aspects you must consider. Finding suppliers, key accounts, and distributor is a challenge for a startup, and a CEO with connections will solve this problem just by using that connection.
Always Go for a Humble and Down-to-Earth Executive:
Hiring a highly professional rigid CEO will not work for you if your company is just a startup. Such an executive has their own requirements and may not suit you as a startup. Therefore, always hire an executive who is humble and down to earth. Such CEOs will easily fit in any culture, environment, and atmosphere. While hiring a CEO, check if the CEO thinks that way.
View his working in a startup as an opportunity to lift a new company. Many big-shot CEOs view going from a big company to a startup as a punishment. Unfortunately, they never hire them.
Never feel intimated and threatened by the negative attitudes of others. And are always ready and happy to answer somebody half their age.
Hiring a complaining executive could be the biggest mistake of a startup. Such CEOs never work and always find flaws in your already existing hierarchy. Therefore, always go for an executive ready to lift your team by considering it his team.
A CEO with a positive attitude is rare, even in the most challenging situations. If you get one, hire him in the first place. Conversely, never hire toxic-nature executives, as they will poison your environment by bringing toxic culture.
Take away:
Startups without professional CEOs are like a house without a roof. CEO is the business’s roof; he gives the company direction and vision even though it is always tough to get the best suitable executive for your company. The easiest way to get the best CEO is by looking at his attitude, skills, experience, and general behavior, especially with those working under him. You can also hire an executive search firm in UAE to help you recruit a competitive executive for your startup.